RANBAXY on a high road to gear up

Hi friends, RANBAXY @ 547 is looking attractive, this time 571-587 SZ can not stop it, at least I hope so, new SZ that I found 597-611. I would like to buy @ cmp 547, with a stop loss 530 for the target 597 and 611...... it seem very good one.

M&M:Probable reversal?

Hi friends, take a look at M&M it is looking in a probable reversal mood. One can short M&M at Current Level 863, with strict stop loss 880, target 805.

BGRENERGY on a strong reversal mood.

Hi friends, after ECB, FED, and RBI announcement today's market is little quiet, but in this quiet market BGRENERGY silently formed HH-HL pattern on daily basis, though market hasn't closed yet, I think BGRENERGY silently done the reversal move. Though it is looking tough to define a small stop loss but on 30 minute chart and 240 minute chart both showing 271, let's cut another 1 Rupee and keep the SL 270.00 and best entry price 274-275 (CMP 277, can take a small qty) tgt will be 290, 302. First target is little small. Buy my point of view is it has changed its longer term down trend. So friend if Risk:Reward is not looking impressive for you, don't buy, besides I would like to suggest please don't short now at least. Wish you all have a happy reversal.